PROSHARES ULTRASHORT BLOOMBE (SCO) Stock Technical Analysis
USA - NYSEARCA:SCO - US74347Y7976 - ETF
18.58 USD
-0.66 (-3.43%)
Taking everything into account, SCO scores 7 out of 10 in our technical rating. Although SCO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SCO has a been trading in the 15.88 - 19.26 range, which is quite wide. It is currently trading near the high of this range.
SCO has an average volume of 2103130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SCO did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCO is lagging the market.
Although SCO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.54
18.77
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.32 to 17.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.62 from a trend line in the daily time frame.
- Support @16.17 from a horizontal line in the daily time frame.
- Support @14.97 from a horizontal line in the weekly time frame.
- Support @14.69 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCO is up. |
| ChartMill Relative Strength | 81.16 | POSITIVE | SCO has a high relative strength, it outperformed 81.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.01 | NEUTRAL | The RSI value for SCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SCO has a positive trend. |
| Stochastics (14,3) | 82.73 | OVERBOUGHT | The high Stochastics value suggests SCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for SCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.11 | NEGATIVE | The low ADX value for SCO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:SCO (10/13/2025, 1:59:58 PM)
18.58
-0.66 (-3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.43%
1 Week5.83%
2 Weeks17.96%
1 Month11.02%
3 Month17.03%
6 Month-9.33%
12 Month17.46%
2 Year7.19%
3 Year-21.95%
5 Year-95.15%
10 Year-97.61%
15 Year-97.01%
Volatility
ATR(14)0.59
ATR(20)%2.91%
ATR Inc99.44%
Range Today0.43
ADR(20)0.43
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.16
Mansfield-0.17
10 Day High19.26
10 Day Low16.78
20 Day High19.26
20 Day Low15.88
52 Week High24.52
52 Week Low14.57
CS1 End17.84
CR1 StartN/A
Volume & EV
DER(3)12.08%
DER(5)6.31%
Volume809.99K
Volume Incr-17.34%
Vol(5)1.52M
Vol(50)2.10M